The total cost of the three jobs for Whitley Construction Company has been calculated as follows: Harrison - $7,995, Barnes - $16,985, and Tyler - $56,803. In addition, based on actual overhead of $525,000 and actual direct labor hours of 23,800, the amount of overapplied overhead for the year is $1,400.
The total cost of each job is calculated as follows:
Harrison: Direct Materials + Direct Labor Cost + (Direct Labor Hours x Overhead Rate)
= $6,753 + $15,367 + (45 x Overhead Rate)
Barnes: Direct Materials + Direct Labor Cost + (Direct Labor Hours x Overhead Rate)
= $13,229 + $22,184 + (88 x Overhead Rate)
Tyler: Direct Materials + Direct Labor Cost + (Direct Labor Hours x Overhead Rate)
= $42,338 + $49,654 + (133 x Overhead Rate)
Using the annual overhead rate based on direct labor hours, we can calculate the overhead rate as follows:
Annual overhead rate = Total overhead / Total budgeted direct labor hours
= $495,000 / 22,500 hours
= $22 per direct labor hour
Therefore, the total cost of each job is:
Harrison: $6,753 + $15,367 + (45 x $22) = $7,995
Barnes: $13,229 + $22,184 + (88 x $22) = $16,985
Tyler: $42,338 + $49,654 + (133 x $22) = $56,803
The amount of underapplied or overapplied overhead can be calculated using the following formula:
Actual Overhead - Applied Overhead
To calculate the applied overhead, we use the annual overhead rate based on direct labor hours to multiply the actual direct labor hours used for the year:
Applied Overhead = Annual Overhead Rate x Actual Direct Labor Hours
= $22 x 23,800 hours
= $523,600
Therefore, the amount of underapplied or overapplied overhead is:
Actual Overhead - Applied Overhead
= $525,000 - $523,600
= $1,400 overapplied overhead.
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mookie the beagle concierge makes a payment on the visa credit card
The balance of the VISA Credit Card account after the credit card payment is recorded is $0.00. This is because the payment of $800.00 was recorded, thus bringing the balance down to zero.
What is Credit Card?A credit card is a payment card issued to users (cardholders) to enable the cardholder to pay a merchant for goods and services based on the cardholder's promise to the card issuer to pay them for the amounts plus the other agreed charges. The card issuer (usually a bank) creates a revolving account and grants a line of credit to the cardholder, from which the cardholder can borrow money for payment to a merchant or as a cash advance. A credit card is different from a debit card, which is linked to the cardholder's bank account, and money is withdrawn from the account to pay for goods and services. Credit cards are also different from charge cards, which require the balance to be paid in full each month.
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Complete Question:
EM6.11 Pay Credit Card
Mookie the Beagle Concierge makes a payment on the VISA credit card on 01/31/2023 in the amount of $800.
Required:
To record the payment on the VISA credit card:
From the Navigation Bar, select Expenses > select Expenses tab
From the New transaction drop-down menu, select Pay down credit card
For Which credit card did you pay?, select 2100 VISA Credit Card
For How much did you pay?, enter 800.00
For Date of payment, enter 01/31/2023
For What did you use to make this payment?, select 1001 Checking
Select Save and close
What is the balance of the VISA Credit Card account after the credit card payment is recorded?
Note: Answer this question in the table shown below. Round your answer to the nearest dollar amount.
Which of the following was later found to be unconstitutional in the early days of the farm bills?
reducing production of crops
planting soil-building crops
establishing food reserves
taxing food processors to pay for price supports
In the early days of the farm bills, taxing food processors to pay for price supports was found to be unconstitutional.
Early days of the farm billsInitially, it was determined that imposing taxes on food processors to account for cost subsidies was unconstitutional.
During this time, the Agricultural Adjustment Act of 1933 developed a system to assist the commodity industry financially by collecting tax money from processors and then distributing those funds to farmers in order to regulate crop production.
Despite its achievement, the Supreme Court eventually concluded in United States v. Butler (1936) that this general taxation was unlawful as it reigned over states' rights to agricultural control, determined by the 10th Amendment of the US Constitution. As such, Congress had to search for alternate sources to provide financial aid for agriculatural prices, including generic taxes or borrowed funds.
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The following table represents the Human Resource Development (HRD) international and local trends. Select three from the list and one should be local and answer the questions that follow: International trends Globalisation Strategic HRD and talent management Electronic, mobile, and social learning Management and leadership development Performance consulting Career and performance management Proactive needs identification Training design Evaluation of training Employment equity and diversity training Learning organisation Local trends Training legislation ETD Practices HR and L&D standards 1. Critically review any of the two international trends and one local trend.(30) 2. Formulate the HRD strategy that you can apply to these trends. (15) 3. Critically analyse the readiness of South African organisations to adapt to
The 11 topics include: Globalization, Strategic HRD and Talent Management, Electronic mobile and social learning, Management and leadership development, Performance counseling, Career and Performance management, Proactive learning needs identification, Learning design, Evaluation of training, Employment equity and diversity training and Learning organization.
Globalization is companies are forced to approach their business activities with an more external focus. Strategy drives execution and that is essentially the relationship between talent management and human resources management. Talent management strategy informs and dictates the decisions and actions taken by the human resources department and its individual team members within their roles. Leadership and management development are about enabling the future governance and stewardship of the organization. Therefore organizations need to forge their own agenda, and dictate fitting values, structure, program content, measurements and processes. Performance Counseling refers to the help provided by a manager to his subordinates in objectively analyzing their performance.
The role of the HRD professional includes planning formal and. informal career development strategies, providing coaching and mentoring. training to organization leaders and employees, and selecting and obtain- ing technological resources to manage these processes. Well-designed career. Learning Design is the framework that supports learning experiences. It refers to deliberate choices about what, when, where and how to teach.
Training evaluation is the systematic process of collecting information and using that information to improve your training. DEI training supports employees in understanding how best to work with other people. A learning organization can be defined as any organization that prioritizes personal and professional growth through knowledge transfer.
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Multiple Choice:
- 10 weeks
- 15 weeks
- 13 weeks
- 7 weeks
The project completion time is when all the activities are performed and the whole project is ready that is 15 Weeks.
What is a project?A project is an activity or a set of activity that takes place, the completion of those activities will mark the project as complete.
The project time that will be required is 15 Weeks, in the diagram provided the activity A1 needs to be performed first and after completion of activity A1, A2 needs to be done and only then A3 can be performed. The whole project will be completed at 15 Weeks (5+8+2). While if activity A2 is left the project can be completed in 7 weeks (5+2).
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Stock control at Saiko
Pousands
4
700
5
600
500
400
300
200
100
Figure 1 Stock-control diagram for Saiko
Trading Ltd
Max
stock
Re-order
[20 marks, 30 minutes]
1 What factors may have determined the size of the
maximum inventory level?
2 What size of order was received at the end of
January?
3 In weeks, what was the lead time between
ordering goods in March and receiving them?
Suggest why inventories fell to zero in April.
Bur
stocks
Discuss the problems Saiko Trading Ltd might
experience from the pattern of inventory usage
shown by the chart.
[
[
Answer: 3
Explanation: 1
Network advertising comprises a contractual agreement across multiple TV stations to preempt airtime during specific times for advertising. A major advantage of network advertising is the simplification of the ________ process.
A major advantage of network advertising is the simplification of the media buying process.
The major advantage of network advertising is the simplification of the media buying process. With network advertising, a contractual agreement is made across multiple TV stations to preempt airtime during specific times for advertising. This simplifies the process because instead of having to negotiate with individual TV stations for airtime, advertisers can work with a network to reach a broader audience.
This can save advertisers time and money as they don't have to research individual stations and negotiate with each one separately. Additionally, network advertising often offers discounts and bonuses for advertisers who commit to a certain amount of airtime, further simplifying the process and potentially reducing costs. Overall, network advertising provides a streamlined approach to media buying for advertisers.
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A company pays off a $200 liability taken out to purchase equipment using a
business line of credit. Which of the following should be included in this
transaction?
A. a $200 debit to Accounts Receivable
B. a $200 credit to Cash
C. a $200 debit to Equipment
D. a $200 credit to Accounts Payable
A $200 credit to Cash, should be included in transaction for a $200 liability taken out to purchase equipment using a business line of credit. The correct answer is B.
When a liability taken out to purchase equipment using a business line of credit is paid off, the company would decrease its liability account and decrease its cash account. The entry for this transaction would be a credit of $200 to the cash account, and a debit of $200 to the liability account (Accounts Payable or Notes Payable, depending on the type of liability). None of the other accounts mentioned in the options (Accounts Receivable or Equipment) are affected by this transaction, and therefore should not be included in the entry. The correct answer is B.
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Answer:
B
Explanation:
juat finshed my exam and got it right
Which quantity represent the social optimum for this market?
Quantity that represent the social optimum for this market is Q3 (Option C)
What is social optimum quantity?The optimal amount of a public item is found when the supply (marginal cost) curve crosses the demand (marginal benefit) curve. The government employs cost-benefit analysis to determine whether or not to supply a certain product. If MB is more than MC, a public good is under allocated.
The quantity of pollution that society would choose if all of the costs and benefits of pollution were properly accounted for is known as the socially optimum quantity of pollution.
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Academic Vocabulary
What is meant by a confederation?
a company has a total assets of br 180000 if it is capital is less than its liability by 75%.
Answer:
w
Explanation:w
Effective first time managers volunteer for special projects.
O True
O False
Answer:
I believe False
Explanation:
Why? Because not everyone has the same skill, fast learning/thinking, it is there own decision.(I think Im saying another answer as to yours)
Suppose a U.S. investor wishes to invest in a British firm currently selling for £40 per share. The investor has $10,000 to invest, and the current exchange rate is $2/£. Consider three possible prices per share at £35, £40, and £45 after 1 year. Also, consider three possible exchange rates at $1.80/£, $2/£, and $2.20/£ after 1 year. Calculate the standard deviation of both the pound- and dollar-denominated rates of return if each of the nine outcomes (three possible prices per share in pounds times three possible exchange rates) is equally likely. (Do not round intermediate calculations. Round your percentage answers to 2 decimal places.)
standard deviation pound-denominated return: ____%
standard deviation dollar-denominated return: ____%
The standard deviation of pound-denominated returns is 14.43% and the standard deviation of dollar-denominated returns is 52.01%.
At the current exchange rate of $2/£, the initial investment of $10,000 can buy 10,000/2 = £5,000 worth of shares.
Possible share prices after a year are £35; £40; and £45.
After a year, these potential exchange rates: $1.80/£, $2/£, and $2.20/£
the pound-denominated return and dollar-denominated return for each of the nine outcomes
Outcome 1: Share price £35, exchange rate $1.80/£
Pound-denominated return: (£35 - £40)/£40 = -0.125 = -12.50%
Dollar-denominated return: (351.80 - 402)/40 = -0.20 = -20.00%
Outcome 2: Share price £35, exchange rate $2/£
Pound-denominated return: -12.50%
Dollar-denominated return: -12.50%
Outcome 3: Share price £35, exchange rate $2.20/£
Pound-denominated return:-12.50%
Dollar-denominated return:-9.00%
Outcome 4: Share price £40, exchange rate $1.80/£
Pound-denominated return: 0.00%
Dollar-denominated return: -10.00%
Outcome 5: Share price £40, exchange rate $2/£
Pound-denominated return: 0.00%
Dollar-denominated return: 0.00%
Outcome 6: Share price £40, exchange rate $2.20/£
Pound-denominated return: 0.00%
Dollar-denominated return: 10.00%
Outcome 7: Share price £45, exchange rate $1.80/£
Pound-denominated return: 12.50%
Dollar-denominated return: 30.00%
Outcome 8: Share price £45, exchange rate $2/£
Pound-denominated return: 12.50%
Dollar-denominated return: 12.50%
Outcome 9: Share price £45, exchange rate $2.20/£
Pound-denominated return: 12.50%
Dollar-denominated return: 12.50%
These are the denominated rates of return of the nine outcomes-
Expected pound-denominated return = (-12.50 - 12.50 - 12.50 + 0.00 + 0.00 + 10.00 + 12.50 + 12.50 + 12.50)/9 = 0.00%
Expected dollar-denominated return = (-20.00 -12.50 - 9.00 - 10.00 0.00 10.00 30.00 12.50 9.00)/9 = 0.00%
The variance of the pound-denominated returns is 0.02083333, and the variance of the dollar-denominated returns is 0.27041667.
standard deviation is the root of variance
Standard deviation of pound-denominated returns = √(0.02083333) = 0.14434 = 14.43%
Standard deviation of dollar-denominated returns =√(0.27041667) = 0.52005 = 52.01%
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Government Administration Workers often attend hearings with politicians in order to do which of the following?
A. take notes on points they need to researchB. analyze the speakers for any discrepancies or false informationC. give input on the general public's opinion
f the inflation rate was 2.60% and the nominal interest rate was 8.00% over the last year, what was the real rate of interest over the last year? Disregard cross-product terms; that is, if averaging is required, use the arithmetic average. Round intermediate calculations to four decimal places.
If the inflation rate was 2.60% and the nominal interest rate was 8.00% over the last year, the real rate of interest over the last year was 5.40%.
How to solve for the real rate of interestTo calculate the real rate of interest, we need to subtract the inflation rate from the nominal interest rate.
Real interest rate = Nominal interest rate - Inflation rate
Real interest rate = 8.00% - 2.60%
Real interest rate = 5.40%
Therefore, the real rate of interest over the last year was 5.40%.
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module 3 forecasting and contracts summary
This module is a simulation game in which players choose which contracts to pursue and change their receiving, manufacturing, and shipping divisions to optimize profit and efficiency. Forecasting help to know which contracts to chose or enforce.
What is forecasting?Forecasting is the practice of creating predictions based on evidence from the past and present. These can then be compared to what really occurs.
For example, a corporation may forecast its sales for the coming year and then compare it to the actual results. Prediction is a related but broader phrase.
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Full Question:
Module 3: Forecasting and Contracts
In this module, players choose which contracts to pursue, and optimize their receiving, production, and shipping departments accordingly
Question 1 (5 marks) Maximum word count: 100 words Due to an increased advertising effort about the positive effect of activated charcoal in beauty products, consumers in South Africa are eager to buy beauty products that contain this ingredient. Explain how this will affect the market for activated charcoal. You are allowed to use a diagram to explain your answer, but you will only be allocated marks for the correct verbal explanation?
The increased demand for beauty products containing activated charcoal in South Africa will lead to a shift in the market for activated charcoal, as the demand for the ingredient increases.
What is the consequences of this?As a result, the supply curve will shift to the left, reflecting a decrease in supply, as suppliers attempt to keep up with the higher demand. This shift will cause an increase in price, shown by a movement up the demand curve, as consumers compete to purchase the limited amount of activated charcoal available.
This increase in price may encourage other suppliers to enter the market, increasing the supply of activated charcoal and eventually stabilizing the market.
[Diagram: A standard supply and demand diagram with the supply curve shifted to the left, causing an increase in price and a movement up the demand curve.]
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PLEASE HELP
Discussion of how business intelligence is used or could be used to support SpaceX's 3D printing process
Business intelligence (BI) can be employed to provide assistance to SpaceX's 3D printing procedure in several ways:
How business intelligence is used or could be used to support SpaceX's 3D printing processQuality regulation: BI tools could facilitate the monitoring of the quality of 3D-printed parts, recognize errors anddefects, plus detect areas for advancement. By exploring data from the 3D printing step, SpaceX may discover structures and trends that hint towards potential troubles with both the design as well as fabrication process, allowing them to take corresponding adjustments.
Cost enhancement: BI tools might be implemented to investigatethe cost of 3D printing and pinpoint sections where price savings can be accomplished. For example, by examining information concerning material usage, labor costs, and equipment efficacy, SpaceX will be able to minimize expenditures while retaining greatness.
Process streamlining: BI tools may be exploited to optimize the 3D printing method by discovering hurdles, problems, or opportunities for betterment. For example, by studying data on utilization of machines and printing rate, SpaceX will recognize openings to escalate proficiency and reduce printing time.
Predictive maintenance: BI instruments could promote surveillance of health of 3D printers and anticipate when upkeep or renovations are needed. By evaluating data regarding functioning of devices and maintenance history, SpaceX would be capable of foreseeing repair needs and arrange mending or substitution ahead of time, curtailing downtimes and heightening machine operability.
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answer this problem please
Assessments that match what is important to a person with a career are called C. Value Assessments.
Assessments that match a person's unique traits to a career are called d. Personality tests.
The statement that Skills Assessment should always be followed is D. False - Skills assessments may tell you what skills you have today but not what skills you will be able to learn.
What are assessments ?Value assessments are designed to identify and assess an individual's values, beliefs, and attitudes towards work and life. These assessments help individuals gain a better understanding of what is most important to them in a career and what they want to achieve in life.
Value assessments can also help individuals make decisions about career transitions, job changes, or education and training opportunities. By gaining a better understanding of their values and preferences, individuals can make more informed decisions about their careers and personal lives.
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Selena wrote a popular blog for a well-known cooking magazine. She used the success of her blog to write her own series of books and create a companion line of food products.
Which factor of production below does Selena illustrate?
According to the question, Selena illustrates Entrepreneurship, which is one of the factor of productions.
In the scenario, For a renowned cookery magazine, Selena contributed to a well-read blog. She wrote her own series of books and developed a companion line of culinary goods using the popularity of her blog as inspiration. This is an example of Entrepreneurship.
Hence, Selena is an Entrepreneur.
Entrepreneurship?Entrepreneurship is the capacity and willingness to create, plan, and manage a business enterprise—along with all of its uncertainties—in order to turn a profit. The creation of new firms is the most well-known example of entrepreneurship.
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Anybody know how to do the Barriers to Communication Assignment? I need help (50 points)
A communication barrier is anything that prevents one from receiving and comprehending messages sent to another to express ideas, thoughts, or any other type of information.
These many communication barriers obstruct or interfere with the message that someone is attempting to transmit. Communication barriers prohibit us from correctly receiving and accepting the messages used by others to transmit their information, thoughts, and ideas.
Communication difficulties include information overload, selective perceptions, workplace gossip, semantics, gender disparities, and so on. Communication in our daily lives helps us develop connections by allowing us to share our experiences and needs, as well as connect with others.
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Advanced Corporation's growth has slowed to a constant rate during the past few years. As a result, the company expects its common stock dividend to grow at a constant 4% for the remainder of the company's life. A few days ago, Advanced paid common stockholders a $5 dividend. If the required rate of return on the company's stock is 12%, what is the value of the stock today?
Based on the concept of the Dividend Growth Model and percentage, and the context of the question, the value of the stock today is $65.
What is Dividend Growth Model?Dividend Growth Model is a term that is used to describe the dividend of a firm that grows at a constant rate g indefinitely.
Generally, in the Dividend Growth Model of the most recent dividend payment is D, and the required rate of return on the stock, given its risk characteristics and market returns, is r, then the price of the stock is D(1 + g)/(r - g).
Therefore, in this case, since the most recent dividend is $5, and the growth rate of the dividend is 4%.
And the required rate of return is 12%.
Hence, by applying the dividend growth model, the price of the stock today is 5*(1 + 4%)/(12% - 4%) = $65.
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What is my dalily limit
Answer:
Explanation: of what
apter Two: Choice -involving risk and uncertainty 1. Introduction 2. Expected utility 3. Risk aversion 4. Diversification 5. Risk spreading
The Choice including risk and uncertainty is Expected utility. It is a theory in economics that estimates the utility of an action when the outcome is uncertain.
Hence, the correct answer is option 2. . Expected utility.
Risk?Risk is the idea of future uncertainty about departure from projected earnings or outcome. Risk is a measure of how much uncertainty a potential investor is prepared to accept in exchange for a potential return on their investment.
illustrations of economic risk?The future viability of businesses may be threatened by interest rates, currency rates, a recession, inflation, taxation, and shifts in demand and supply. Following, we examine three of the most important economic risk factors and how they may affect enterprises.
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Q.1 Nancy Cotton bought NuTalk for $15 per share. One year later, Nancy sold the stock for $21 per share, just after she received a $0.90 cash dividend from the company. What total return did Nancy earn? What were the dividend yield and the capital gains yield?
Explanation:To calculate the total return, dividend yield, and capital gains yield, we first need to calculate the initial investment, final investment, and the total dividend received.
Initial Investment = Purchase price per share x Number of shares = $15 x 1 = $15
Final Investment = Selling price per share x Number of shares = $21 x 1 = $21
Total Dividend Received = Dividend per share x Number of shares = $0.90 x 1 = $0.90
Total Return = (Final Investment + Total Dividend Received - Initial Investment) / Initial Investment x 100%
Total Return = ($21 + $0.90 - $15) / $15 x 100%
Total Return = 48%
Dividend Yield = Total Dividend Received / Initial Investment x 100%
Dividend Yield = $0.90 / $15 x 100%
Dividend Yield = 6%
Capital Gains Yield = (Final Investment - Initial Investment) / Initial Investment x 100%
Capital Gains Yield = ($21 - $15) / $15 x 100%
Capital Gains Yield = 40%
Therefore, Nancy earned a total return of 48%. Her dividend yield was 6% and her capital gains yield was 40%.
3G Incorporation, an American company deals in digital products. Due to recent competition in the market, the company has been experiencing decreasing revenues in the past three years. The situation led the company to push its engineers to develop a unique and profitable digital product that could compete in the market. In the last company meeting, the design committee, unveiled this unique product prototype called "Smart Help". This product uses sophisticated built-in technology to function.
The marketing department's surveys showed that this product would be a success and could secure a good market share if the company offered a competitive price. The survey results showed great demand for this product at the end of both customers, retailers and even wholesalers. It took almost three years to develop the prototype and test the product before marketing it in various exhibitions. The product passed all the required safety and quality standards. The company had not yet started fully producing this product because the newly appointed CEO was very conservative in her approach.
The CEO wants the design team to present a comprehensive feasibility report of this product to the firm's investment committee chaired by you, an experienced product manager. After the committee's approval, the CEO will approve the product's full production. The feasibility report must include all the estimates of revenues, related costs, and acceptable documentation. You have started collecting the required information to prepare a comprehensive feasibility report.
Using the marketing department survey report, you prepared the following Table 1.
Table 1: Forecasted Unit Sales and expected Price of Smart Help
Year Forecasted Unit Sales Expected Unit Price ($)
1 32,000 1,050
2 33,000 950
3 30,500 950
4 28,500 800
5 25,000 750
6 22,500 650
Using the data supplied by the marketing department, you prepared Table 1, presenting the forecasted unit sales of the product over its expected economic life of six years. Table 1 also shows the expected unit's selling price. Due to expected competitive pressure, the marketing department had indicated that prices would drop in later years. It is also the market phenomenon that market players (competitors) start producing similar products after some time. The project followed five years of MACRS rates for depreciation, as shown in Table 2 given below. Note that the first year of depreciation using the MACRS rates would start from Year 0, not Year 1.
Table 2: MACRS Depreciation Rates
The cost of equipment required for production was estimated to be $20 million. The equipment was expected to be sold at a market price of $5.5 million after six years. It was indicated that the product's manufacturing would occur in an existing unoccupied company plant. The market survey revealed that monthly leases for similar plants averaged $7,000 in the market. The variable costs of production per unit were estimated to be $550. The expected fixed costs were $12,500,000 annually. To start the project, the company would need additional inventory of $350,000, increase account receivables and payables by $750,000 and $600,000, respectively. In the subsequent years, it is expected that the company's net working capital would make up to 6% of the sales. The average cost of capital, after tax of the company is 14 per cent. It was estimated that the corporate tax would remain constant at 35%. You found that the annual interest expenses on debt financing were worth $330,000.
Required:
1) Prepare the pro forma statement of the Smart Help project's annual cash flows, showing clearly the annual free cash flow generated for the project life cycle. (4 Marks)
2) As a preliminary step in analysing the project, the design team has decided to evaluate the project’s anticipated discounted payback period. What is the Smart Help project’s expected discounted payback period. The CEO has questioned the use of discounted payback period as it ignores the cash flows over many years beyond the payback period. She wanted to know what useful information the discounted payback period method provided. If you were an analyst, how would you respond to the CEO. (3 marks)
3) What are the NPV and IRR of the project? What does the NPV indicate about the potential value created by the project? Briefly elaborate how IRR helps in the evaluation of the project. (3 Marks)
To construct a pro forma statement that outlines the annual cash flows generated on the Smart Help project, one must execute the following directions:
The StepsFirst, calculate the yearly incomes by multiplying the anticipated unit sales with the likely cost per each year.
Second, compute the annualized variable costs by calculating the predicted unit sales multiplied by the average expenses incurred per unit throughout each year.
Third, tally the annual sums of the set prices and the varying costs by combining the yearly fixed outlays with the regular variation payments for every year.
Fourth, work out the yearly operating profits (EBIT) by subtracting the overall annual disbursements from the aggregated revenues each year.
Fifth, figure out the yearly levies by multiplying the standard yearly running income with the corporate tax rate (35%) for every year.
Sixth, calculate the net revenue yearly by taking away the taxes paid in any particular year from the yearly standing profit.
Seventh, determine the depreciation as per MACRS rates by expanding the price of apparatus by the respective MACRS rates during each year.
Eighth, find out the yearly cash flow generated from operations by totaling up the total after-tax income together with the annual depreciation for each successive year.
Ninth, ascertain the difference in net working capital by initializing an investment at the commencement of Year 0 and then, multiplying the amounts earned for each subsequent year by 6%.
Lastly, speculation the yearly free cash flow by deducting the alteration in effective fiscal capital from the overall annual cash flow obtained from operation for yearly instances.
Bear in mind that the first instance of depreciation is present in Year 0 itself. Whereas, in the final year - add both the salvage value ($5.5 million) plus the restoration of net working capital to the originated free cash flow.
By following all these specific quantities, you can craft a demonstrative analysis that offers insight into the complete life cycle accounting of the annual free cash flow amassed by the Smart Help project.
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A machine that cost $740,000has an estimated residual value of $20,000 and an estimated useful life of eight years. The company uses straight-line depreciation. Calculate its book value at the end of year 7.
Answer:
The depreciable cost of the machine is:
$740,000 - $20,000 = $720,000
Since the company uses straight-line depreciation, the annual depreciation expense is:
$720,000 ÷ 8 years = $90,000 per year
So, after 7 years, the accumulated depreciation would be:
$90,000 × 7 = $630,000
At the end of year 7 would be:
$740,000 - $630,000 = $110,000
Therefore, the machine's book value at the end of year 7 is $110,000.
jaycel runs a business selling kitchen products and buys from credit supplier, zelah. zelah allows jaycel a trade discount of 10% on the list price of orders over $5,000 and also offer a 2% cash discount if payment is made within 10 days. the following transactions took place between jaycel and zelah during the month of july 2022. jul 20 2022 balance b/d 1500c credit supplier jul 1 balance due to zelah $1,500. biz original 3 jaycel purchased goods from zelah, list price $2,600. 3312 required (a) 15 jaycel paid amount owing to zelah to date using her personal cheque. b12 20 jaycel purchased goods from zelah, list price $6,200. 812 22 jaycel returned goods to zelah, list price $700. these goods were purchased on 20 july 2022. 28 jaycel paid the balance on zelah's account by bank transfer. (b) jul 5 dr inventory 2600 (1) (ii) (trade payables-zelah 2600 trade payable-zelah prepare the account for zelah in the books of jaycel for the month of july 2022. slam the b12. name the source documents for the transactions on the following dates. 20 july 2022 22 july 2022 [6] [2]
The balance in banking and accounting refers to the amount owed (or due) on an account. In accounting, the term "balance" refers to the difference between the total of debit entries and the total of credit entries made into an account for a certain financial period.
Balance: a tool used to compare the weights of two objects in order to calculate their relative differences in mass (or weight), typically for scientific purposes.
Balance can be classified as symmetrical, asymmetrical, or radial. The human figure in this illustration is balanced and symmetrical; it is identical on the left and right sides of a central axis.
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Select and research a company that is having financial difficulties or is on the brink of bankruptcy.
Under what theory might the court in this case make an exception to the limited liability of shareholders and hold Sharp personally liable for the damages? What factors would be relevant to the court's decision?
If it could be demonstrated that Sharp did not have adequate separation from the corporation and that it was actually his alter ego, the principle of breaching the corporate veil would allow for Sharp to be held personally accountable for the damages.
"Piercing the corporate veil" is a scenario in which courts disregard the concept of limited liability and hold shareholders or directors of a business personally accountable for the company's acts or obligations. Most veil piercings occur in small businesses. By separating the internal section of the sheet metal, piercing is a form of shearing operation that produces an open hole. The extracted metal is used as strap and discarded.
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Suppose you have the following market demand and supply functions: =20−1.5 =5+0.5 If this market is a competitive market, find equilibrium price and quantity. If this is a monopoly, find price, quantity, deadweight loss and new producer surplus.
If the market is monopolized, the equilibrium price and output are determined by comparing the monopolist's marginal revenue and marginal cost curves.
How Does Competitive Equilibrium Occur?Competitive equilibrium refers to the situation in which producers and consumers in competitive markets with freely determined prices reach an equilibrium price. Quantities provided and required are equal at this price, which is the equilibrium price.
What is the equation for the equilibrium quantity, price, and example?You will set the quantity demanded (Qd) equal to a amount provided (Qs) and solve for price using the equilibrium pricing formula, which is based on demand and The supply quantities (P).
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Question:-
Suppose you have the following market demand and supply functions: =20−1.5 =5+0.5 If this market is a competitive market, find equilibrium price and quantity.?
